EXCEPTIONAL INVESTMENT OPPORTUNITY IN CANAL FLATS!! Welcome to 4772 Burns Avenue, a well-maintained 1.14-acre property with confirmed subdivision potential into four separate lots—offering immediate flexibility and outstanding long-term upside. Whether you’re an investor, developer, or buyer seeking future growth, this property delivers rare value in a prime location. The residence features a 3-bedroom, 2-bath main home plus a fully self-contained in-law suite, creating multiple income or multigenerational living options from day one. The lower-level suite is thoughtfully designed with two spacious primary bedrooms, each with its own ensuite, a private entrance, balcony, in-suite laundry, dedicated heating system, and its own hot water tank—ideal for rental income, extended family, or short-term accommodations. Both living spaces are finished with granite countertops and quality appliances, including brand-new washers and dryers on each level. Several upper-level appliances remain under warranty, while the lower suite includes a complete kitchen setup. Each unit benefits from separate, newly installed hot water tanks, enhancing efficiency and independence. Outdoors, the property continues to impress with three separate decks, a double garage, greenhouse, and storage shed. The mature, park-like yard offers ample space for gardening, hobby farming, or additional parking—adding to both lifestyle enjoyment and future development appeal. With its subdivision potential, dual-living configuration, and strong rental flexibility, this property presents a rare opportunity to secure a high-potential asset in the heart of Canal Flats. Live in it, rent it, or develop it—the options are there. A smart investment where lifestyle meets long-term growth. Don’t miss this one. (id:2493)
Data was last updated February 16, 2026 at 09:15 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$507,000
Min list price:
$269,000
Max list price:
$3,385,000
Avg days on market:
120
Min days on market:
4
Max days on market:
284
Avg price per sq.ft.:
$333.56
These statistics are generated based on the current listing's property type
and located in
Canal Flats. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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